Critical Resources Secures Exclusivity for Suriname Gold Project
Key points
- Critical Resources secures exclusivity to acquire 90% of Gonini Gold Project in Suriname
- First ASX-listed company to explore for gold in Suriname
- Gonini offers extensive granted mining rights with potential for hard-rock gold discovery
Full summary
Critical Resources has secured exclusivity to acquire a 90% interest in the Gonini Gold Project, comprising approximately 164 km² of granted exploitation rights in Suriname's historic Sara Creek gold district. This acquisition marks the company's entry into the Suriname gold sector, providing a rare opportunity for Australian investors to gain exposure to the Guiana Shield gold province. Despite 150 years of artisanal gold mining in the region, there has been limited modern exploration on the Gonini rights themselves. The project is located within the Marowijne greenstone belt, a geological setting associated with orogenic gold mineralisation, and is situated near major gold mines operated by Newmont and Zijin. Critical Resources plans to conduct systematic exploration to identify and prioritise hard-rock gold targets for drilling.
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